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80-88 Ballan Road
Werribee VIC 3030
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Sold on 26 Oct 2016

80-88 Ballan Road Werribee VIC 3030

  • Medical / Consulting
  • 3,000 m²
  • Sold

Largest ASX Listed Childcare Provider

Renewed 5 year lease to G8 Education to 2020.
Two further 5 year options to 2030.
G8 Education Ltd: largest ASX listed child care provider with over 450 centres nationally.
Tenant pays all usual outgoings including land tax.
Annual rent reviews plus market reviews at options.
Modern purpose-built facility, licensed for 131 places.
Strong underlying business acquired by G8 Education in 2011.
Prominent 3,000 sqm main road site with 88 metre street frontage.
Wyndham City: one of the largest growth areas in Australia and expected to grow by a further 377,000 residents and with an additional 164,000 jobs over the next 30 years.
Net Income: $279,125 pa (January 2017).

Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne

Property Highlights

Date Sold26 Oct 2016
Floor AreaAsk Agent
Land Area3,000 m²
ParkingAsk Agent
Property ID2013083846
Category
Last updated  18 May 2017
Map for 80-88 Ballan Road Werribee VIC 3030

Property Highlights

Date Sold26 Oct 2016
Floor AreaAsk Agent
Land Area3,000 m²
ParkingAsk Agent
Property ID2013083846
Category
Last updated  18 May 2017

Listed by

Adam Thomas
Adam Thomas
Burgess Rawson VIC Pty Ltd
Call
0418 998 971

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